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Oct 12, 2012
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i know joe biden and like him personally but not the smile. his weakest area, foreign policy, held his own toe-to-toe and demonstrated a lot of confidence. >> larry's point is well taken since the vice president at least tried to create a barrier between him and paul ryan by invoking, i can't go into classified material. didn't work. >> i think biden was very strong, very aggressive, very forceful making his point. the idea facts matter was an important idea. what paul ryan simply repeated talking points he clearly memorized, wasn't able to provide any depth or specificity beyond that. on the issue of taxes, they talked about it but paul ryan wasn't able to provide detail what he would do to cut the deficit and no detail about the issue of syria and what the romney-ryan people would do any different than the president and any detail on the issue of afghanistan, what they would do differently on that issue. on question after question, i completely disagree with my friend, larry, i don't think he handled himself well at all on foreign policy iss
i know joe biden and like him personally but not the smile. his weakest area, foreign policy, held his own toe-to-toe and demonstrated a lot of confidence. >> larry's point is well taken since the vice president at least tried to create a barrier between him and paul ryan by invoking, i can't go into classified material. didn't work. >> i think biden was very strong, very aggressive, very forceful making his point. the idea facts matter was an important idea. what paul ryan simply...
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Oct 8, 2012
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they are not terribly expensive. >> joe give me the best play. mastercard or visa or american express or discover. >> i like all of the above. throw in capital. >> it's not too late to jump in. >> not too late to jump in. capital one throw into the mix. fundamentals are turning there also. i think there's a lot of money own the sidelines in the financials that's pointed particularly in that direction, is going stay there. >> stephanie? >> that quarter was very strong last week and i think that the fact it's trading at a significant discount its peers gives you more upside as this company continues to improve. >> simon? >> we love them. all of those names bridge a gap between technology and consumer spending. discover is our favorite name. >> thanks so much. >> in the next hour on "power lunch" cnbc's boar boar takes stock of the media sector. and what's more for the markets. election outcome or earnings season. rolling dice on casino stocks as more states look to gambling to boost budget short falls. we'll be right back. ♪ [ male announcer ] ho
they are not terribly expensive. >> joe give me the best play. mastercard or visa or american express or discover. >> i like all of the above. throw in capital. >> it's not too late to jump in. >> not too late to jump in. capital one throw into the mix. fundamentals are turning there also. i think there's a lot of money own the sidelines in the financials that's pointed particularly in that direction, is going stay there. >> stephanie? >> that quarter was...
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Oct 11, 2012
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joe biden, as you mentioned, who arrived in danville. he's now chilling at a supporter's house with his family before going to the debate tonight, has got a lot on the line because democrats were feeling let down by president obama's performance last week. what joe biden has to do is to buck up those democrats, show he's going to be aggressive in going after the republican ticket, and, you know, he has experience in the venue. he debated sarah palin four years ago, although much different then. that was a comparatively genial event. i would expect him to be quite aggressive. from paul ryan's point of view, he's younger, so less experienced, but he's very fluent and skilled on policy. he came across very well in his republican convention speech. so i'd expect him to hold his own. for both side, dan quail told me the imperative is not to care about the guy who is on the stage with you, but on the top of the other ticket. look for paul ryan to go after president obama. expect joe booiden to say to pa ryan that your running mate is trying to
joe biden, as you mentioned, who arrived in danville. he's now chilling at a supporter's house with his family before going to the debate tonight, has got a lot on the line because democrats were feeling let down by president obama's performance last week. what joe biden has to do is to buck up those democrats, show he's going to be aggressive in going after the republican ticket, and, you know, he has experience in the venue. he debated sarah palin four years ago, although much different then....
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Oct 12, 2012
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i must say joe biden played into this by being such a jerk and being so rude. the average person doesn't distinguish between personal interaction and they can't get along with the other guy and he can't let him finish a sentence and i think that speaks volumes. david brooks of the new york times had the same observation. i think the obama team had a cardinal decision. they came close. >> maybe i'm old-fashioned, but i don't think you should call the vice president of the united states a jerk on national television, and i think you're wrong. secondly, i -- >> i'm just repeating what the focus group said, jared. this is what viewers were saying. this is what gloria borger said and all of the people who were on tv last night. >> jennifer, don't call the vice president a jerk on television regardless of what the focus groups say. show a little respect. >> you are backing two candidates that have called mr. romney a liar, a felon. >> i think that's wrong. >> i think that's wrong. >> not only do i think that's wrong, but on this very show tonight we said let's not us
i must say joe biden played into this by being such a jerk and being so rude. the average person doesn't distinguish between personal interaction and they can't get along with the other guy and he can't let him finish a sentence and i think that speaks volumes. david brooks of the new york times had the same observation. i think the obama team had a cardinal decision. they came close. >> maybe i'm old-fashioned, but i don't think you should call the vice president of the united states a...
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Oct 12, 2012
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what would you advise joe biden to say and paul ryan to respond, if joe biden raises the issue about hey, we saved detroit, we saved the auto industry, which as you know your successor, governor snider, agreed with president obama on? >> i think a lot of people felt including president bush who started some of that in motion you had to do things to get the auto industry back on a solid footing and there was a clear debate about when the bankruptcy had to occur. there really wasn't in the bailout sort of a ignoring of the fact it was going to be a bankruptcy. i think it was a debate about the timing. the auto industry is a lot smaller today, more competitive but still plenty of challenges, i would be talking about where do we go interest here because we're not out of the woods yet. when you look to the first comment, john, about the overall economy and the lower unemployment rate, finally coming below 8% after 40 some months, think what you have to look at is the fact we have so many people not in the work force and i think american families all have been touched by the depth of this
what would you advise joe biden to say and paul ryan to respond, if joe biden raises the issue about hey, we saved detroit, we saved the auto industry, which as you know your successor, governor snider, agreed with president obama on? >> i think a lot of people felt including president bush who started some of that in motion you had to do things to get the auto industry back on a solid footing and there was a clear debate about when the bankruptcy had to occur. there really wasn't in the...
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Oct 10, 2012
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bob dole said he expects joe biden to come out swinging and not to let up. and in this race -- a race this close, this might even make a difference, not a whole lot but enough to measure. larry? >> john harwood, thank you very much. we appreciate it. >>> mitt romney's taken his post-debate momentum straight on to team obama turf. this is interesting. obama's lost his hold on florida, virginia and ohio. those number have now gone to romney. romney has now gone behind enemy lines to challenge in michigan and pennsylvania. that's also new. all this comes as the romney rally continues in the latest polls. rasmussen has romney up by one. investors business daily has romney leading obama by five, 49-44. there's the daily tracking poll. with tomorrow night's debate, won't the inevitable paul ryan victory just send team obama over the edge into the looney bin? well, that's kind of the way i see it. but there may be some disagreement. we have karen finney, columnest for "the hill." and kate obenshane. ms. finney, this is the way i look t it. romney is smarter than bi
bob dole said he expects joe biden to come out swinging and not to let up. and in this race -- a race this close, this might even make a difference, not a whole lot but enough to measure. larry? >> john harwood, thank you very much. we appreciate it. >>> mitt romney's taken his post-debate momentum straight on to team obama turf. this is interesting. obama's lost his hold on florida, virginia and ohio. those number have now gone to romney. romney has now gone behind enemy lines...
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Oct 11, 2012
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joe, i know joe very well but i tell you, the reason they savage ryan, he's dealing with the driver in the engine compartment that can wipe out america and that's health care. you -- that's the engine. it's on automatic pilot. and it will suck up every discretionary part of the budget unless you put the brakes on and that's why they -- >> senator, i want to interrupt you on that. it sound to me that you are not displeased from what you're hearing from your candidates right now. we all agreed at the beginning it was unbelievable they didn't bring up the deficit. paul ryan opposes your plan. >> i know it. >> he dissented. >> and so did the president. everybody opposed -- we pissed everyone in america. nobody's doing anything for us. >> at the risk of pissing you off, what would you say to them? >> tell them we have a leaderless government and he can lead. this gentleman can't govern. he's doing politics day and night. >> erskine bowles, same question to you. if had a chance to advise obama and biden on what you want to hear about the deficit and the fiscal cliff, what would you tell them
joe, i know joe very well but i tell you, the reason they savage ryan, he's dealing with the driver in the engine compartment that can wipe out america and that's health care. you -- that's the engine. it's on automatic pilot. and it will suck up every discretionary part of the budget unless you put the brakes on and that's why they -- >> senator, i want to interrupt you on that. it sound to me that you are not displeased from what you're hearing from your candidates right now. we all...
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Oct 8, 2012
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i see joe smiling. he's not going to yell at me today. >> there's a number of polls, an enthusiasm gap. >> i wouldn't say that. governor romney had a very good debate, no question, he put on a great show, but to me i think we should be focusing, this is a business show on friday's unemployment number, which was a great number, and not a surprise, based on what the economy's been doing over the last three years. >> 114,000 is not a great number. >> 140,000 on average over the last six months. >> what came out on friday was below expectations for 114,000. >> you know what revisions has done each month so we should look to see where the revisions are. i think if you look over this year, you're averaging about 140,000, i think we should -- >> 140,000 is anemic and not enough to bring down the rate even though it has somehow. >> i would look at it differently. i think over the last three years the first thing that gets jobs going is you got to increase the average hour work week. we're now at a prerecession
i see joe smiling. he's not going to yell at me today. >> there's a number of polls, an enthusiasm gap. >> i wouldn't say that. governor romney had a very good debate, no question, he put on a great show, but to me i think we should be focusing, this is a business show on friday's unemployment number, which was a great number, and not a surprise, based on what the economy's been doing over the last three years. >> 114,000 is not a great number. >> 140,000 on average over...
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joe mentioned earnings reports last night from alcoa and yum. costco already out this morning with better than expected results. there's also news expected on chevron, fedex, toyota, microsoft, and best buy among others. we will have all those stories covered. plus, housing is going to be in focus today. it is a key component to the u.s. economic recovery. our guest host this morning understands this well. richard lefrak will be joining us in the next hour. also, we are continuing our week long series, what's working now. dan fuss is going to talk to us about where he's making money in the fixed income world right now. he's got a great record. i believe it's better than 10% over the last 20 years that he's been averaging. also it was a tweet heard around the world. jack welch questioning the jobs report last friday. today he is using a few more than 140 characters to explain. we're going to talk about his op ed. at 8:00 a.m., jack will be calling into the show to talk about things. all of that coming up. on the lighter side of things, we'll be t
joe mentioned earnings reports last night from alcoa and yum. costco already out this morning with better than expected results. there's also news expected on chevron, fedex, toyota, microsoft, and best buy among others. we will have all those stories covered. plus, housing is going to be in focus today. it is a key component to the u.s. economic recovery. our guest host this morning understands this well. richard lefrak will be joining us in the next hour. also, we are continuing our week long...
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and as joe mentioned, the vp debate night. joe biden and paul ryan set to square off in kentucky. >> we think he's probably going to come at me like a can november ball. but the achilles' heel he has is president obama's record. >> i just want to make sure that when i say these things that i don't have the congress saying, no, no, i don't have that position or that's not the governor's position. >> among our guests this morning, reince priebus. also former senator ted kaufman. he once served as biden's chief of staff. and he's been prepping the vice president for tonight's debate. and there is new poll data out this morning. mitt romney now leads president obama by 48% to 47% in virginia. and in florida, obama leads 48% to 47% among likely voters. and in ohio, romney trimmed two percentage points off of obama's pre-debate lead. the president holds a 51-45% edge among likely vote everies there. john harwood will be joining us live from kentucky with more in just a few minutes. but first andrew has this morning's top business st
and as joe mentioned, the vp debate night. joe biden and paul ryan set to square off in kentucky. >> we think he's probably going to come at me like a can november ball. but the achilles' heel he has is president obama's record. >> i just want to make sure that when i say these things that i don't have the congress saying, no, no, i don't have that position or that's not the governor's position. >> among our guests this morning, reince priebus. also former senator ted kaufman....
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Oct 9, 2012
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joe mentioned greece. demonstrators were back in the streets of athens yesterday protesting against government austerity cuts. pensioners clashed with riot police and burned an eu flag. german chancellor angela merkel is scheduled to arrive in athens at about 6:30 eastern time today for a six hour visit. police banned protests in most of central athens and 6,000 officers are trying to keep control. this is merkel's first stop will greece since the debt crisis kree resulted back in 2009. and carolyn roth will be joining us live. >>> and both president obama and mitt roy in will be in ohio today. voters in the swing state are getting their last chance to register for next month's election. the polls are now all over the map. pew has romney up four points, but gallup says the positive jobs report gave president obama a five point boost. among our guests, ken langone and donald trump. and focusing on issues of foreign policy and national security, we have senator john mccain. and by the way, if you went to sle
joe mentioned greece. demonstrators were back in the streets of athens yesterday protesting against government austerity cuts. pensioners clashed with riot police and burned an eu flag. german chancellor angela merkel is scheduled to arrive in athens at about 6:30 eastern time today for a six hour visit. police banned protests in most of central athens and 6,000 officers are trying to keep control. this is merkel's first stop will greece since the debt crisis kree resulted back in 2009. and...
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they'll get there. >> joe, they always stress a few themes at this meeting. discipline on cost is something walmart stresses. what else struck you this morning in terms of the presentations? >> well, i think the enthusiasm around the walmart u.s. business, it was interesting the first note i wrote, bill simon who runs the walmart u.s. decision wrote "sounds a little peppy." he was in a good mood, confident and looking well for the holiday season. >> joe, in terms of how they are set up for the holiday season, what are you getting a sense in terms of inventory and how they're stocking up. some analysts get the idea walmart is goingor a higher price point, one example was the keurig brewer, at $229, traditionally a higher price point than what has traditionally been in the home goods category and addition of beef with no anti-biotics. do you think they're trying to go that higher end route? it didn't go so well a few years ago when they tried it. >> i don't think so. i think there's some key items that are popular out there that everybody wants, an ipad, everyb
they'll get there. >> joe, they always stress a few themes at this meeting. discipline on cost is something walmart stresses. what else struck you this morning in terms of the presentations? >> well, i think the enthusiasm around the walmart u.s. business, it was interesting the first note i wrote, bill simon who runs the walmart u.s. decision wrote "sounds a little peppy." he was in a good mood, confident and looking well for the holiday season. >> joe, in terms of...
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now this thursday on the 11th you've got paul ryan and vice president joe biden. this is going to be very important for obama's effort to stave off romney. then on the 16th you got the second obama-romney debate. on the 22nd final obama-romney debate. then the last friday before the election one more jobs number. my own inclination the job numbers aren't quite as "game change"ing for debates as for the reason voters know how they feel about the economy. they don't need a government report. it does get a lot of attention and we got a race that's plainly at this point even though obama still has a slight advantage in the battleground states this race can go either way. >> interesting. then we got the governor, of course, speaking at vmi about foreign policy, an area for which a little while he appeared to want to take the campaign, at least before the debate. how ground moving is this? >> reporter: i don't think it's very ground moving. it's not what people will vote on. for romney it's an effort to press a leadership advantage which may be one of the things that mo
now this thursday on the 11th you've got paul ryan and vice president joe biden. this is going to be very important for obama's effort to stave off romney. then on the 16th you got the second obama-romney debate. on the 22nd final obama-romney debate. then the last friday before the election one more jobs number. my own inclination the job numbers aren't quite as "game change"ing for debates as for the reason voters know how they feel about the economy. they don't need a government...
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i think we have an understanding of who joe biden is and what he stands for. on the other side of the equation, i'm personally excited to see congressman ryan tonight. he's a smart guy. he's in command of details. i am very hopeful that he will be able to carry forth the momentum that the romney campaign got out of the first presidential debate. >> how do you think he should play that? because the lead article in the "washington post" today notes how -- an emphasis in tone governor romney is tracking to the center for obvious reasons as we get closer to the vote. do you think ryan should do the same or double down on his conservative heritage for what that could do to get the vote out on the gop side? >> simon, i think what ryan should actually do is follow the boss' lead and i think that it's gotten the campaign to where they are today. they have the momentum. and i would like to see congressman ryan keep it going. i think can he do every bit of that. when you think about what the issues are here, there is such a sharp contrast, differences, between the two c
i think we have an understanding of who joe biden is and what he stands for. on the other side of the equation, i'm personally excited to see congressman ryan tonight. he's a smart guy. he's in command of details. i am very hopeful that he will be able to carry forth the momentum that the romney campaign got out of the first presidential debate. >> how do you think he should play that? because the lead article in the "washington post" today notes how -- an emphasis in tone...